Broker Check

Business Succession Planning Model

Business Owners Concerns

"I’ll Just sell my business, that’s my retirement."
"I’m ready to move on to the next venture or the next part of my life"
"I’m thinking about passing the business down to my children"
"I’ve Identified a key employee that can take my business over, but I'm not sure how they can afford to buy me out"

Green Ridge professionals understand the complex nature of business succession planning, with several years collectively under our belts owning and working with small and family businesses. Our professionals are Certified in Business Succession Planning, Family Business Specialists, CFP® Professionals and Registered Financial Planners, and hold many other industry designations for specialty planning, insurance and investment.

Identify Exit Objectives

  • Determine your goals related to leaving your business, including timing and how much money to leave

Quantify Business and Personal Financial Resources

  • A full audit of your complete financial picture is required

Maximize and Protect Business Value

  • Tax consequences must be controlled

  • Value must be promoted, as well as preserved from the IRS as well as current and future creditors

Ownership and Transfer to 3rd parties or Insiders

  • Will you sell the business for cash to a third party – or to an insider for a note? We can provide a range of strategies to best suit your business and clarify the associated implications

  • Key Employee Planning

Business Continuity

  • Our advisors help ensure a smooth transition

Personal Wealth and Estate Planning

  • We can provide guidance in light of your new professional status and financial situation

  • Green Ridge Wealth Planning helps you identify your personal, business and ownership interests and how they affect each other in planning. Our goal is to help you that you are reducing risk, building wealth with the income being generated and properly creating tax efficiencies.

    Questions Asked:

    • How do I exit the business?
    • How to I make sure my business retains its value in a transfer?
    • How do I efficiently transfer my business while creating a retirement income stream that is appropriate?
    • How can I ensure that if something happens to me, my family is protected from a fire sale or loss of income?


    Customize solutions that work best for you.